The Coronavirus(COVID-19) pandemic has had strong adverse impacts on the private sector in low- and middle-income countries. The future course of the pandemic remains highly uncertain, so consideration of alternative scenarios may be more helpful in assessing investment opportunities and...

This publication is organized as follows: Chapter 1, discuses China's industrial system: where it is now, where it should be headed, and why. Chapter 2, contains reform in China. Chapter 3, discusses the accelerated change in enterprise ownership 1997-2003. Chapter 4, covers Chinese ownership...

Although China's centrally planned economy is a little more than a shadow of its former self, the closely inter-linked reforms of the enterprise and banking sectors are still incomplete. The relative size of the state-owned enterprise sector has been much reduced, however, the sector remains the...